Funeral Director Daily
This article picks up on yesterday’s discussion of what could happen as more crematories are built expanding the supply of crematories in the United States. Yesterday’s discussion then went to the thought process and question of, “Will this excess capacity in cremation move cremation to a lower and lower retail cost as death care companies…
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Last week we commented on an article from funeral industry veteran Doug Gober. That article encapsulated where Mr. Gober saw the investment money going in the death care industry. We think Gober was right on in his assessment, but one of his insights . . . . .that of “the best way to add value…
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Three months ago in December 2020 Funeral Director Daily told you of a program Wilbert would be offering to death care professionals that would help those professionals keep up with their Continuing Education Units (CEU) at the end of the year. We concluded that it was a great venture by Wilbert that would be really…
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While there has been some discrepancy on the case because of cruise ship involvement elsewhere, most people will say that the first COVID-19 death in America happened on February 28, 2020, in the Seattle area. That’s just over a year ago. . . . what have we learned. . . what do we now know?…
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Funeral home owners, cemetery operators, preneed professionals. We’re the experts in the death care profession. We know the business, we understand the clientele, and we know what is good for everybody. Or do we? I’m guessing that is somewhat how the buggy whip manufacturers, horse livery operators, and sales reps in that industry thought of…
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The COVID-19 pandemic during the year 2020 and how countries geographic location and national responses to the situation could not be more different than you see in recent publicly owned funeral home companies’ annual reports. We’ve reported on the results of the United States Service Corporation International (SCI) and Carriage Services both in the last…
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I recently read an interesting article, authored by funeral industry veteran Doug Gober, in the Memorial Business Journal published for members by the National Funeral Directors Association. Gober, who’s been around the profession for a long time gave an interesting sequence of events beginning with when money flowed into the profession from the public companies.…
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I’ve been an entrepreneur and have started some businesses outside of the death care realm. I think one of the things that happens to every entrepreneur who starts a business that is new and unique is that they open their doors for business and then wonder if anybody will purchase their goods and/or services. No…
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Upon the heels of a very profitable quarter and yearly report of funeral and cemetery consolidator Carriage Services, Moody’s Investor Services last week raised the credit rating of the company as you can see in this article here. A better credit rating should drive down borrowing costs for Carriage Services and, according to the Year…
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The pyramids in Egypt were built to give permanent memorialization to the rulers of that land. The tomb of the 13th Disciple to Christ, Matthias, can be seen to give credence to his life. George Washington, known by many as the Father of America has a burial site at his Mount Vernon home. However, there…
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